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Goto Energy becomes 16th UK supplier to go bust this year

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Ofgem to appoint provider for firm’s 22,000 customers as sector contines to reel from record high gas prices

Goto Energy has become the latest of a series of gas and electricity suppliers to go bust as the sector struggles to cope with record high gas prices.

The collapse of the Kent-based renewable energy supplier, which was set up in 2019, brings the total number of failures this year to 16. Ofgem, the energy regulator, is appointing a new supplier for its 22,000 customers.

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